Carrier Global CARR
NYSE CARR
$57.96 -1.15 (-1.95%)
As of: Sep 9, 2026 · 3:59 PM EDT

Carrier Global (CARR) Operating Expenses (2019 - 2026)

Carrier Global's (CARR) quarterly Operating Expenses came in at $5.6 billion in Q2 2026, up 4.95% year-over-year from $5.3 billion in Q2 2025, and up 9.41% quarter-over-quarter from $5.1 billion in Q1 2026.

Analysis

Carrier Global (CARR) Operating Expenses (2019 - 2026) Analysis & Trends

Carrier Global (CARR) has reported Operating Expenses for 8 consecutive years, with $5.6 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 4.95% year-over-year to $5.6 billion in Q2 2026; TTM through Jun 2026 was $20.5 billion, a 2.64% increase from a year earlier, with the FY2025 full-year figure at $19.8 billion, down 2.69% from the prior year.
  • Operating Expenses was $5.6 billion for Q2 2026 at Carrier Global, up from $5.1 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $5.6 billion in Q2 2026 and troughed at $2.1 billion in Q4 2022.
  • A 5-year average of $4.7 billion and a median of $4.8 billion in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 56.41% in 2022 and surged 98.15% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $2.1 billion in 2022, then jumped by 98.15% to $4.1 billion in 2023, then increased by 17.06% to $4.8 billion in 2024, then grew by 0.29% to $4.8 billion in 2025, then climbed by 16.68% to $5.6 billion in 2026.
  • The last three Operating Expenses figures came in at $5.6 billion (Q2 2026), $5.1 billion (Q1 2026), and $4.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Trane Technologies 98.27 Bn 96.95 Bn 2.26 Bn 1.04 Bn
2 Johnson Controls International 87.97 Bn 87.32 Bn 2.47 Bn 1.49 Bn
3 Comfort Systems Usa 56.85 Bn 55.00 Bn 844.23 Mn 287.05 Mn
4 Carrier Global 47.99 Bn 46.64 Bn 1.94 Bn 5.58 Bn
5 Lennox International 13.02 Bn 12.97 Bn 539.50 Mn 183.10 Mn
6 Modine Manufacturing 9.82 Bn 9.75 Bn - -
7 SPX Technologies 9.64 Bn 9.48 Bn 272.80 Mn 15.80 Mn
8 Smith A O 7.92 Bn 7.74 Bn 387.80 Mn 220.30 Mn
9 Aaon 6.32 Bn 6.32 Bn 152.49 Mn 83.61 Mn
10 Csw Industrials 4.90 Bn 4.87 Bn - -197.38 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.58 Bn
Mar 31, 2026 5.10 Bn
Dec 31, 2025 4.78 Bn
Sep 30, 2025 5.08 Bn
Jun 30, 2025 5.32 Bn
Mar 31, 2025 4.66 Bn
Dec 31, 2024 4.77 Bn
Sep 30, 2024 5.28 Bn
Jun 30, 2024 5.31 Bn
Mar 31, 2024 5.03 Bn
Dec 31, 2023 4.07 Bn
Sep 30, 2023 4.24 Bn
Jun 30, 2023 5.17 Bn
Mar 31, 2023 4.76 Bn
Dec 31, 2022 2.06 Bn
Sep 30, 2022 4.74 Bn
Jun 30, 2022 4.50 Bn
Mar 31, 2022 4.09 Bn
Dec 31, 2021 4.72 Bn
Sep 30, 2021 4.61 Bn